HFA Prepay Report (December 2020 Factors), Delinquency Trends, and Outlook
12/22/2020
In the Agency mortgage-backed-securities (MBS) market, MBS backed by loans with down-payment assistance from Housing Finance Agencies (HFA Agency MBS) continued to deliver solid call protection in December. Voluntary prepayment speeds in the sector remained low compared to generic counterparts with otherwise similar collateral characteristics.
